Thursday, February 17, 2011

NIFTY NEXT- Nifty EOD 17 Feb 2011 Technical Analysis


Nifty –Spot today Traded well  within our Trading range of 5475-5536 and ended with huge  Gain of +1.2% to the level of 5546.45 with formation of a White Candle on Daily price chart. NNTF-Nifty Next Trend Finder has given Positive Crossover  on Daily price chart, indicating the Mid-term Bullishness for Nifty. As per Volatility Skew of Nifty Options, It is falling for Puts and Rising for Calls and indicates the Nifty Has Strong Support at 5500 and may move up to 6000 levels in short-term.  Avg.  Implied Volatility   for calls are declined by-13% while it increased for Puts by +0.60%.As Per our NNI-Nifty Next Indicators which declined by -105% in today Trading session, is at -0.15, along with increase in open-interest and Volume, suggest that Nifty may Trade with Positive Bias on 18 Feb 2011. Banking Stocks will perform negative on 18 Feb 2011.

Call NiftyNext # +91-880 2230 836 For Paid Calls or Email at MAIL@NIFTYNEXT.COM Know More About Your Packages For Best Performance in Stocks Markets @ http://bankniftynext.blogspot.com

1 comment:

  1. share tipsThursday, April 21, 2011 at 2:58:00 PM GMT+5:30

    I really appreciate your post and you explain each and every point very well.Thanks for

    sharing this information.And I’ll love to read your next post too.
    Regards
    Share Tips

    ReplyDelete

Thanks for Your Valuable comments. It will make Us to Serve You in Better Way. For Any STOCKS Query ,Please Call NiftyNext +91 880 2230 836.

Subscribe to: Post Comments (Atom)

Disclaimer

The recommendations made herein do not constitute an offer to sell or a solicitation to buy any of the securities mentioned. No representations can be made that the recommendations contained herein will be profitable or that they will not result in losses. Readers using the information contained herein are solely responsible for their actions. Information is obtained from sources deemed to be reliable but is not guaranteed as to accuracy and completeness. The above recommendations are based on the theory of Technical Analysis and do not reflect the fundamental validity of the Scrip. www.niftynext..com does 't take any Responsibility for any losses arising from using the Stocks Recommendations.
We( WWW.NIFTYNEXT.COM) are not Registered with Any Regulatory Body in India ie SEBI,NSE,BSE,AMFI or Any Otheres.

Blog Archive